ACDIMA is expected to close the SPA on its acquisition of United Pharma IV within two weeks, United Pharma IV Chairman Abdullah Mahfouz tells Al Borsa. The transaction value will exceed the EGP 320 mn mark that was previously reported earlier this week, Mahfouz said, but refused to disclose by how much.
More from Enterprise
The National Bank of Egypt and Banque Misr just hiked rates on CDs — moves that could see the EGP gain against the USD
NBE and BM both hiked rates on CDs by 125…
Miga guarantee unlocks USD 313 mn for National Bank of Egypt trade finance
Plus: Incolease taps securitization market with debut EGP 2 bn…
Swvl is not dropping off of Nasdaq just yet, as company turns to the black in 2025
The company turned a profit last year, allowing it to…
IBF & Company doubles down on logistics with Techno Metal acquisition
Plus: Lucky lands USD 23 mn in Series B round,…